Frogmore Rd | Market Drayton TF9 3EB
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- LoopNet Team
Frogmore Rd
Market Drayton TF9 3EB
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A prominently located mixed retail and residential investment with over 72% of the current income secured from national covenants
- Current income £220,850 per annum
- Two ground floor shop units currently let to national retailers
- Service yard area and car parking within the property ownership
- Net Initial Yield of 10.5% after allowing for normal purchasers costs
- Prominently located property in the town centre of Market Drayton
- 14 two bedroomed residential flats (2 having been sold off on long leases)
- Significant asset management opportunities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
18,003 sq ft
Costar Property Class
C
Year Built
2009
Occupancy Rate
36%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.83
Total Plot Size
0.50 ac
Frontage
58 ft on Frogmore Rd
AMENITIES
- Corner Lot
- Security System
- Storage Space
1 of 1
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